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34 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Project Management
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The application of information, skills, tools, and techniques to project activities in order to meet project needs.
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47 logically grouped project management processes, which are categorized into five process groups.
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Project Management System
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Set of procedures, tools and techniques, processes, and methodologies that an individual project manager, PMO, or company can use to manage projects.
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supported by project management plan as the project work is executed
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Project Management Life Cycle
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includes initiating, planning, executing, monitoring and controlling, and closing.
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PMLC or 5 process groups
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Project Life Cylce
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Process of completing work on the project.
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it's not the management of the work, but..
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Product Life Cycle
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involves the product or service from concept (project approval) to divestment (closure)
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begins with a business plan, then moves to the project, transitions to operations, and ends with the retirement of the product or service.
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Progressive Elaboration
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is the refinement of something as you obtain new information that impacts that thing. for instance, you plan based on what you know and as you learn more about the work of a project, you refine the plan by adding new detials.
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What are the characteristics of a project
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-has a specific purpose
-creates specific results -has definite start and finish dates -is temporary -could be progressively elaborated as more is learned about the project details. |
there are 5 answers
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Subproject
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subprojects are created when there is a need to break something down into smaller pieces that are easier to manage
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types of technology, types of labor used (skill set), or phase-by-phase approach to a subject.
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Program
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a group of related projects, subprograms, and Program activities managed in a coordinated way to obtain benefits not available from managing them individually.
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a program will always have projects
an example: communications satellite system with projects for design of the satellite and the ground stations, the construction of each, the integration of the system, and the launch of the satellite |
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Program Management
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focuses on the project interdependencies and helps to determine the optimal approach for managing them.
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Portfolio Management
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A portfolio refers to projects, programs, subportfolios, and operations managed as a group to achieve strategic objectives.
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Strategic Planning
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is a practice by which a company looks into the future for products or services it must have, typically 3-5 years in the future.
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OPM3 (organizational project management maturity model)
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Project Management Office
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is a management structure that standardizes the project-related governance processes and facilitates the sharing of resources, methodologies, tools, and techniques.
(Controls Project Managers) |
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What are the characteristics of a PMO?
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to direct projects
documentation and process support auditing of projects |
there's 3
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What is triple constraint?
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Scope
Time Cost |
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What are the characteristics of strategic planning?
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Market Demand
Strategic opportunity/business need social need Environmental consideration Customer Request Technological advance legal requirement |
7 are listed
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What are the characteristics of program management?
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resolving resource constraints
aligning organizational/strategic direction resolving issues and change management |
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What are the 3 types of PMO structures?
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Supportive
Controlling Directive |
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Portfolio Manager
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to provide governance at a high level for assigned programs and projects
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Portfolio Review Board
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to review each project in terms of value, risks, ROI, and determine which projects should be pursued.
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Program Manager
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is to manage related projects in a manner that will provide enhanced benefits and control. Also to provide support to project managers.
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Operations Management
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is to manage the ongoing activities that produce the same product or provide the same service.
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Sellers/Business Partners
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Sellers are external companies that contract to provide components or services for the project.
business partners are external companies that have a special relationship with and provide expertise or a service. |
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Project Manager
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describe to the team members what activities need to be done per the plan; they maintain the projects control scope process; and they communicate the projects status as it evolves.
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Project Coordinator
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supports the project manager and acts as a communications link to senior management.
has limited decision making abilities. |
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Project Expediter
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supports a project manager. verifying that some assignment is complete, checking on status of some undertaking, communicate to senior management.
they do not have decision making abilities. |
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Functional Manager
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deals with people and controls resources. role conflicts with project manager and direction of project.
primary interest is running a business division or dept. and only secondary interest if any in a project that often pulls people away from their regular jobs or division |
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Sponsor
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is the person who provides resources and support for the project and is responsible for the success of the project.
secure financing for the project, create the project charter, sign off project completion. |
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Performing Organization
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is the company or division of a company that is doing the work of a project.
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Influencer
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is a person or group indirectly related to a project; they can have a negative or positive influence on a project.
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Customer
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is the person or group that makes use of the work of the project
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Senior Management
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management that supports the sponsor, the project charter, and ultimately the project.
(usually director) or typically works for the sponsor. |
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Stakeholders
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Project team members and anyone actively involved in or impacted by the project.
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What are the 6 organizational structures?
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Functional
Weak Matrix Balanced Matrix Strong Matrix Projectized Composite |
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